Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.20.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis The following tables summarize the valuation of those assets and (liabilities) as of the dates presented:
 
 
March 31, 2020
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Interest rate swap assets – current
 
$
40

 
$

 
$
40

 
$

Interest rate swap assets – noncurrent
 
$

 
$

 
$

 
$

Commodity derivative assets – current
 
$
233,402

 
$

 
$
233,402

 
$

Commodity derivative assets – noncurrent
 
$
10,963

 
$

 
$
10,963

 
$

Liabilities:
 
 

 
 

 
 

 
 

Interest rate swap liabilities – current
 
$
(2,890
)
 

 
$
(2,890
)
 

Interest rate swap liabilities – noncurrent
 
$
(3,900
)
 

 
$
(3,900
)
 

Commodity derivative liabilities – current
 
$
(100,202
)
 
$

 
$
(100,202
)
 
$

Commodity derivative liabilities – noncurrent
 
$
(6,789
)
 
$

 
$
(6,789
)
 
$


 
 
December 31, 2019
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
4,131

 
$

 
$
4,131

 
$

Commodity derivative assets - noncurrent
 
$
2,750

 
$

 
$
2,750

 
$

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(23,450
)
 
$

 
$
(23,450
)
 
$

Commodity derivative liabilities – noncurrent
 
$
(3,385
)
 
$

 
$
(3,385
)
 
$